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Way Too Early With Willie Geist

News/Business. Willie Geist offers his unique take on the day's news. New.

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00:30:00

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Port 1235

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mpeg2video

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mp2

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720

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Steve 10, Irene 5, Washington 4, Yankees 4, Boston 4, Apple 3, Us 3, Rick Perry 3, Nbc 2, Orioles 2, Florida 2, New Hampshire 2, Tripoli 2, North Carolina 2, Gallup 2, United States 2, Pixar 2, New York City 2, Tim Cook 2, Michele Bachmann 2,
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  MSNBC    Way Too Early With Willie Geist    News/Business. Willie Geist offers  
   his unique take on the day's news. New.  

    August 25, 2011
    5:30 - 6:00am EDT  

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>> reporter: this book is going to make a lot of people angry. >> there are going to be heads exploding all over washington. >> heads exploding all over washington. it's way too early for that. good morning, i'm willie geist and this is "way too early" the show whose head explodes every morning when the alarm goes off at a time when most of you degenerates are out at the bars. i'm glad you're watching on msnbc or listening live on sirius xm radio. shoot me an e-mail and let us know what you're doing at this hour. tweet me as well, or you can do what richard b. cheney does and text the word awake followed by a response to 622639. the next 30 minutes will be your cram session for this thursday, august 25th, and, boy, is there a lot going on today. including a new gallup poll that shows just how well rick perry's first week on the campaign trail went and why mitt romney should
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be concerned. plus, a guy who got caught with his hand in the proverbial, well, tip jar. not cookie jar. who steals from the tip jar? we'll put out an apb for this guy a little later. but first, the news live at 5:30 a.m. here's 30 rock in new york city. the financial worlds are reaccoureac reacting after steve jobs announces he will resign immediately. he underwent a liver transplant two years ago and had been on medical leave from the company he cope founded since january. in a letter to apple's board jobs wrote in part i've always said if there ever came a day when i could no longer meet my duties and expectations as ceo i'd be the first to let you know. unfortunately, jobs writes, that day has come. joining me now by phone is john fort, at apple headquarters. it really reaches beyond the business world, this guy has
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touched our lives in so many ways. first of all, why the announcement now? is this purely a health decision? >> reporter: apple has not given us the details on exactly what led up to this. they're kind of telling us the minimum of what we would need to know, but, yes, the subtext behind this has always been that the only thing that would take steve jobs out of this role that he cared so much about as ceo of apple is his health issues got to the point where he didn't feel that he was able to fulfill the ceo duties going forward. so we have to take it that's what's going on here. >> so jobs will still sit on the board. tim cook is the company's new ceo, a guy who's been at the top of that company for a while now. how does apple change without steve jobs in that ceo role? >> reporter: well, in a way, we don't expect a lot of change. because tim cook, as the chief operating officer, has really had a hand on the wheel of this
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company for a long time now. he's the guy who we hear during apple's quarterly results conference calls, answering wall street's questions. he's the guy who you see at many apple events, sitting up on stage with steve jobs or in times when steve jobs has been away, perhaps on stage himself, helping to lead the proceedings of unveiling a product. at a share holding meeting earlier this year, tim cook was the guy from apple who really led the process of answering shareholder questions. but everybody who works here at apple pretty much has been working for steve jobs. he's the guy who's got unparalleled street cred in silicon valley, as far as his vision for leading this company forward. so, you know, if there is a question mark for this company and indeed there are many at this moment, one of the chief ones is, will this group of talented people who have assembled to work for steve jobs continue to work for tim cook.
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there will be plenty of opportunities for these talented people across silicon valley and indeed across the world. there will be head hunters trying to lure them away. will they stay at apple. >> i'll ask you a question unfair to ask you for a one-minute response over the phone, but as quickly as you can, summarize steve jobs legacy, what he meant not just to apple but to all of our lives. >> reporter: well, when you go down the list of the innovators in american history, thomas edisons, your walt disneys, steve jobs' name has got to be right up there. not only for what he's done for personal computing, also what he's done for animation. remember, he picked up a little animation shop from george lucas that really was doing side projects and turned that into pixar, which revolutionized animation, reinvigorated disney. he's now disney's largest individual shareholder. here's a guy who's shaken up not just personal computing and animation but also
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telecommunications and he's coming around to do it again with the ipad. so this is a singular individual. >> john fortt, live for us in cupertino, california, appreciate you calling in so early. news of steve jobs' resignation having an immediate impact on apple's shares, while shares of apple suppliers under pressure in the asian marks. we bring in rebecca meehan, she's live in london. >> let's get straight to some of these numbers for you. apple is worth a lot of money, or it certainly was before steve jo jobs' resignation. with the market value of this business some $348 billion, it's vying to be one of the biggest valued companies in all the world. the record highs for the stock price of this business was $403 per share, the stock closed yesterday below that but not that far below, really, $376.18
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a share is where the stock closed yesterday. this announcement came after the close of trade. so we saw the shares fall in the afterhours trade by about 7%, though coming off those lows during the session. the question is next what will the market value this stock at without steve jobs. we'll find that out at the open of the markets today. >> $376 a share is staggering in its own right. let's turn now to the latest from libya. rebel forces now putting a $1.3 million bounty on the head of moammar gadhafi and offering amnesty to anyone for killing or capturing the libyan leader whose stranglehold on power has now ended after 42 years. nato now reportedly giving opposition intelligence and reconnaissance help in tracking him down. as the opposition fires guns and rockets into the air in celebration, no clear leader has emerged over tripoli. with no parliament, military
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commander or political party, senior u.s. officials tell nbc news there are serious concerns, as you might expect, over a leadership vacuum in the capital. according to the associated press, the united states is now asking the u.n. to release the $1.5 billion it has held in frozen libyan assets. this all comes after loyalists released a group of foreign journalists. we told you about this yesterday. who'd been held at gunpoint in the rixos hotel for days. meanwhile, the italian foreign ministry says four of its country's journalists have been kidnapped, and their driver killed, as they traveled down a highway through tripoli yesterday. back here at home, after eight years in the white house, former vice president dick cheney is out with a new memoir next week that will, as we said before, have heads exploding in washington. his words. in an exclusive interview, cheney reveals he wrote a secret letter of resignation that was kept locked in a safe beginning
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in march of 2001. >> reporter: why did you do it? >> i did it because i was concerned that -- for a couple of reasons. one, was my own health situation. the possibility that i might have a heart attack or a stroke that would be incapacitating. and there was no mechanism -- there is no mechanism for getting rid of a vice president who can't function. >> after years of debate, the former vice president maintains he has no regrets about the use of controversial interrogation techniques used during the bush administration. >> reporter: in your view, we should still be using enhanced interrogation? >> yes. >> reporter: no regrets? >> no regrets. >> reporter: should we still be waterboarding terror suspects? >> i would strongly support using it again, if circumstances arose where we had a high value detainee and that was the only way we could get them to talk. >> reporter: even though so many people have condemned it, call it torture, you think it should still be a tool?
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>> yes. >> just a couple of the excerpts you can see, monday night on "dateline" on nbc, 10:00 eastern time for the full interview. next thursday the former vice president will join us live on "morning joe." cheney's memoir "in my time" is not out until next week by "the new york times" has obtained a copy and reports the former vice president urged george w. bush to bomb a suspected syrian nuclear reaccoutor site in june 2007. president bush did not do so. the israelis eventually did. cheney writes president bush opted for the diplomatic approach after the bad intelligence they received over weapons of mass destruction in iraq. cheney recalls the time he made his case for military action against the syrian reactor, writing, after i finished, the president asked, does anyone here agree with the vice president? not a single hand went up in the room, writes cheney. the times mentioned the epilogue of the book where cheney says
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after undergoing heart surgery in 2010 he was unconscious for weeks. the former vice president writes he had a prolonged vivid dream he was living in an italian villa pacing the stone paths to get coffee and newspapers. we'll talk a bunch more about what's inside the pages of that book ahead on "morning joe". a new poll indicates rick perry has surpassed mitt romney and michele bachmann as the front-runner in the 2012 gop presidential field. according to the latest gallup poll, perry leads all candidates with 29% among republicans and republican leaning independents. romney, now 12 points behipd, 17%, followed by ron paul with 13%. michele bachmann at 10%. the poll was conducted prior to jon huntsman's aggressive shift in campaign strange but it's unclear it will make a difference considering he's down there at 1% for jon huntsman. speaking of reporters in new
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hampshire, romney was asked about the poll numbers since per yip e y entered the race and whether that would lead to campaign change. >> i've polled the strategy i've had since the very beginning and the field is still fluid. there are going to be potentially other candidates. i heard today george pitaki is thinking of getting in, i heard potentially i saw karl rove thought sarah palin might be getting in. there's a lot going on amongst our group. but you know what? if you're running for president, your focus should be on the person who is president and his failures and now you're going to make america better. >> romney will be in new hampshire for the rest of the week while rick perry is in colorado holding fund-raisers. still ahead here on "way too early," hurricane irene is a major category 3 as it threatens to grow stronger before it smacks north carolina and moves its way up the coast. we'll have the latest on irene's path and tell you where it's going to hit where you live. and in sports, mr. ochocinco
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is at it again, offering to pick up the tab for a fine leveed against an opposing player. that story and a night in baseball when "way too early" comes right back. i'm christina brown with breaking news. we have received word that massachusetts senator ted kennedy has died. senator kennedy was 77 years old. [ fema
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welcome back to "way too early." it's 5:45 in the morning as you look at a beautiful live picture of the nation's capital. it's calm there, but this was the scene in the bahamas yesterday as hurricane irene whipped the caribbean with 120-mile-an-hour winds.
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irene's next stop, the east coast of the united states. for more on the storm's path, we turn to nbc meteorologist bill karins. bill, that thing is a monster behind you. >> yeah, it's a large hurricane. right now it's the not the most intense we've seen but it's a very large storm. regardless of whether it tracks over boston, new york or d.c., everyone on the eastern seaboard will feel the effects of this storm. right now it's category 3 going through the bahamas. you can see how close it is to florida, but it's just going to brush florida. here's the latest forecast track from the hurricane center. we get these every six hours. this was the 5:00 a.m. advisory. the next big one comes out at 11:00 a.m. it has a landfall over the outer banks. it will be late saturday, probably after dark, during the overnight hours and then it would skirt as a category 2, weakening to a category 1 making landfall somewhere in southern new england. right now it looks like long island but it could be the
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chesapeake or boston. the chances of this turning harmlessly out to sea are quickly dissipating. this being loos like it's going to be an historic storm for some. the hurricane center's thinking is the center line, they don't want you to focus on that. it's going to shift to the right, maybe shift to the left. but if you're in the yellow cone, that's who needs to be preparing. we're talking millions of people. midatlantic into southern new england. sunday around 4:00 is when it's closest to the new york city area with possibly 80-mile-per-hour independents. i think the biggest legacy will be the number of trees that will go down. this area hasn't been hit by a storm like this in decades. there's a lot of old trees out there, trees hanging out over power lines. be prepared for a week without power with your family. >> talking about massive population centers in the path. washington, new york and boston. >> all those lines are possible paths. major, major cities are going to deal with their first hurricane in years. >> for the people on the coast of north carolina, when do we
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expect landfall? >> it will be late saturday. about saturday noon is the latest you could possibly get ready. >> bill karins, thanks so much. we'll keep an eye on this all more than for you. the tight race in the a.l. east keeps getting tighter. red sox and yankees started tied. a line drive down the right field line scoring a couple runs. crawford has five ribbies in the game. adrienne gonzales takes darren o'day deep right for a home run. 13-2. and yankees and as, one man brought down the bronx bombers all by his lonesome. coco crisp. he hits a home run, 1-0 as there. then defense, a deep fly ball, nice catch out there. skip ahead to the eighth inning.
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yankees down a run, mark teixeira helps tie the game at three. but in the tenth, guess who? coco crisp. going to smoke a rafael soriano fastball up in the second deck. busted this thing open. yankees lose 6-4, now a game behind boston in the a.l. east. with the angels are creeping up, signing a huge contract extension for the angels for $85 million. in the fourth, dunn strikes out, more than any man on the face of the earth. weaver allows only four hits, angels beat the white sox 8-0. anaheim has won six straight now. and giving the rangers a run for their money, just 2 1/2 games
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back. the orioles taking on the twins, look at this play. baltimore third baseman andino, bare hand over the shoulder. kind of overran the ball, makes a nice play with his bare hands. orioles beat the twins 6-1. and remember this hit from last thursday's preseason game? chad owe ch foster was given an unsportsmanlike conduct penalty for the hit, and yesterday nfl commissioner roger goodell hit a $20,000 fine. ochocinco posted, dad, apparently referring to goodell, no disrespect, but i don't agree with the fine and i will be reimbursing him personally.
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please feel free to contact me. chad ochocincochocinco. dick cheney sits down with nbc ahead of his memoirs. and more on the resignation of steve jobs. why did he do it now rk and wha next for one of the world's most successful and admired companies.
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as we told you at the top of the show, steve jobs has resigned as ceo at apple, the company he founded in 1976. if you want to sound smart today, tell your friends jobs' annual salary was $1. but still ranked by forbes as the world's 110th wealthiest person with a net worth of $8.3 billion. the majority of his wealth comes from disney actually where he's the largest individual shareholder. jobs was founder of pixar, which was acquired by disney, in 2006. looking back at the moment that put apple on the map. during a commercial break in the third quarter of super bowl xviii on january 22nd, 1984, apple put up its now famous 1984 ad directed by ridly scott,
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introduced to the world its macintosh computer. ♪ >> more powerful weapon than any on earth. we are one people. one. one cause. we shall prevail. >> on january 24th, apple computer will introduce -- >> that iconic cost apple $1.5 million in 1984 and put the company on the map for good. one more story apropos of nothing, we're going to show you
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video. a pizzaria, you don't do this. a guy walks in and snatches the tip jar. he only got $25. was that worth it? he's getting himself into trouble. why do we show you this, young people? don't steal from the tip jar. come on. guy's working hard. don't steal the tip jar. why are you awake? your tweets, texts and e-mails are next, and "morning joe" is moments away. [ male announcer ] heard this one?
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listen to this. three out of four americans don't get enough vegetables. so here's five bucks to help you buy v8 juice. five bucks. that's a lot of green. go to v8juice.com for coupons. you can count on us.
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is it the new forty, i don't know. i probably feel about thirty. how is it that we don't act our age? [ marcie ] you keep us young. [ kurt ] we were having too much fun we weren't thinking about a will at that time. we have responsibilities to the kids and ourselves. we're the vargos and we created our wills on legalzoom. finally. [ laughter ] [ shapiro ] we created legalzoom to help you take care of the ones you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side.
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the number one story on msnbc.com, hurricane irene could hit the coast of north carolina by saturday morning. at the top of the show we asked you what you're doing up at this hour. our producer rob gifford has a couple answers. >> one viewer writes, i love listening to my girlfriend argue because she's thinking i'm texting another woman. so please air this so i can go back to sleep. >> yes. he was texting, he was e-mailing our show, and then texting that other woman. >> saved. bethany writes, i'm up writing because waffle house is having an all you can eat scatter and